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1 October, 09:39

19) Max bought a new speed boat that cost of $33,000. The boat depreciates approximately 18% of its value each year. Write an equation to model the decay value of the speed boat. A) A = 33,0000.18t B) A = 33,0001.82t C) A = 33,0000.82/t D) A = 33,000 (0.82) t

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  1. 1 October, 09:50
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    We must write an equation of the exponential type in the following way:

    y = A * (b) ^ t

    Where,

    A: initial amount

    b: decrease rate

    t: time

    Substituting values we have:}

    y = 33000 * (0.82) ^ t

    Answer:

    D) A = 33,000 (0.82) ^ t
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